Ummm, it is legal to "gift" up to $17,000 per year, every year, to as many people as one likes, without limit. It is not "wrong" and it is certainly not "tax evasion."

Several commentators here need to learn the tax code better. Millions of families use the $17,000 gift exclusion every year. It is just that no one has tried to use it to randomly give $17,000 to millions of people. But it is perfectly legal. In fact, my wife and I have in our trust to give $17,000 (adjusted upwards by the IRS every year) to over 100 people upon our death, if the estate exclusion limit continues to be reduced.

And yes, I thought I was clear, but this would most likely happen AFTER passing, not while alive. The estate tax does not apply while alive. Finally, the rich routinely give money above the estate tax exclusion to charity to avoid estate tax. So what I am asking about simply replaces charity with gifts to random people.

So, now that this is clear (sheesh, it was not that hard), is there any way someone like Satoshi could set up such a plan? Or does the ledger and addresses and the way it is all set up make such an idea impossible? Thanks.